[371LB The basic rule]
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

[371LB  The basic rule]

[(1)     The low profits exemption applies for a CFC's accounting period if subsection (2), (3), (4) or (5) applies.

(2)     This subsection applies if the CFC's accounting profits for the accounting period are no more

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